John Soumilas of Francis Mailman Soumilas. Courtesy photo Latest CFPB Report: Deceptive Practices by Auto, Mortgage Lenders and Medical Debt Collectors
The CFPB's most recent supervisory highlights report suggests that some familiar industry players can't seem to stay on the straight and narrow.
October 09, 2023 at 11:07 AM
8 minute read
The Consumer Financial Protection Bureau (CFPB) periodically publishes its supervisory highlights reports to share key examination findings, communicate operational changes to its supervision program, and provide an accessible resource for information on its recent guidance documents. Though the reports do not refer to specific institutions in order to maintain confidentiality of its examinations of those institutions, the CFPB shares in the reports key findings from recent examinations to help the entities it regulates limit risk to consumers and comply with federal consumer protection laws.
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